Will the Grinch Steal Christmas as S&P Tumbles 2.7% in Two Days?

Now we've got the Fed due up today. No rate hike, right?

Our View

What are the driving forces pushing the markets down? Inflation and supply chain issues is my guess. It’s also had the Covid-19 blues since the news broke about the new Omicron variant. We know the Fed is out of sync, which I think makes it more unlikely that they say anything major in front of the Christmas holiday and the end of the year. 

I th…